Question 1

A business sells $ 60,000 and $ 80,000 worth of goods in January and February respectively. The controller indicates that 50% of the customers pay their bills on a cash basis, 40% in 30 days and 10% in 60 days. During the month of January and February, the company purchased 30,000 and $50,000 worth of goods from suppliers respectively. The company's policy is to pay 50% on a cash basis and the other 50% during the following 30 days. The monthly administrative expenses are broken down as 
follows:

The company's opening cash balance for the month of January is $ 1,000.
-Monthly disbursements for purchases is as follows:
 January________________________
 February________________________
 March________________________

Accepted Answer

The answer of A business sells $ 60,000 and $...

Question 2

A business sells $ 60,000 and $ 80,000 worth of goods in January and February respectively. The controller indicates that 50% of the customers pay their bills on a cash basis, 40% in 30 days and 10% in 60 days. During the month of January and February, the company purchased 30,000 and $50,000 worth of goods from suppliers respectively. The company's policy is to pay 50% on a cash basis and the other 50% during the following 30 days. The monthly administrative expenses are broken down as 
follows:

The company's opening cash balance for the month of January is $ 1,000.
-Monthly administrative expenses are as follows:
 January________________________
 February________________________
 March________________________

Accepted Answer

The answer of A business sells $ 60,000 and $...

Question 3

A business sells $ 60,000 and $ 80,000 worth of goods in January and February respectively. The controller indicates that 50% of the customers pay their bills on a cash basis, 40% in 30 days and 10% in 60 days. During the month of January and February, the company purchased 30,000 and $50,000 worth of goods from suppliers respectively. The company's policy is to pay 50% on a cash basis and the other 50% during the following 30 days. The monthly administrative expenses are broken down as 
follows:

The company's opening cash balance for the month of January is $ 1,000.
-Monthly cash disbursements is as follows:
 January________________________
 February________________________
 March________________________

Accepted Answer

The answer of A business sells $ 60,000 and $...

Question 4

A business sells $ 60,000 and $ 80,000 worth of goods in January and February respectively. The controller indicates that 50% of the customers pay their bills on a cash basis, 40% in 30 days and 10% in 60 days. During the month of January and February, the company purchased 30,000 and $50,000 worth of goods from suppliers respectively. The company's policy is to pay 50% on a cash basis and the other 50% during the following 30 days. The monthly administrative expenses are broken down as 
follows:

The company's opening cash balance for the month of January is $ 1,000.
-Monthly cash flow is as follows:
 January________________________
 February________________________
 March________________________

Accepted Answer

The answer of A business sells $ 60,000 and $...

Question 5

A business sells $ 60,000 and $ 80,000 worth of goods in January and February respectively. The controller indicates that 50% of the customers pay their bills on a cash basis, 40% in 30 days and 10% in 60 days. During the month of January and February, the company purchased 30,000 and $50,000 worth of goods from suppliers respectively. The company's policy is to pay 50% on a cash basis and the other 50% during the following 30 days. The monthly administrative expenses are broken down as 
follows:

The company's opening cash balance for the month of January is $ 1,000.
-Monthly cumulative cash flow is as follows:
 January________________________
 February________________________
 March________________________

Accepted Answer

The answer of A business sells $ 60,000 and $...

Question 6

-Unit cost is $________________

Accepted Answer

The answer of 
-Unit cost is $________________...

Question 7

-Work measurement is ________________

Accepted Answer

The answer of 
-Work measurement is ________________...

Question 8

-Productivity is $________________

Accepted Answer

The answer of 
-Productivity is $________________...

Question 9

-Sales volume increase $ ___________ _________%

Accepted Answer

The answer of 
-Sales volume increase $ ___________ _________%...

Question 10

-Cost per unit with inflation $ ___________ _________%

Accepted Answer

The answer of 
-Cost per unit with inflation $ ___________...

Question 11

-Budget with volume and inflation adjustment $ ___________ _________%

Accepted Answer

The answer of 
-Budget with volume and inflation adjustment $...

Question 12

-New activities $ ___________ _________%

Accepted Answer

The answer of 
-New activities $ ___________ _________%...

Question 13

-Next year's budget $ ___________ _________%

Accepted Answer

The answer of 
-Next year's budget $ ___________ _________%...

Quiz 7: Planning, Budgeting, and Controlling

-Unit cost is $________________

-Work measurement is ________________

-Productivity is $________________

-Sales volume increase $ ___ _%

-Cost per unit with inflation $ ___ _%

-Budget with volume and inflation adjustment $ ___ _%

-New activities $ ___ _%

-Next year's budget $ ___ _%